SEGG Media (NASDAQ: SEGG, LTRYW) provided an investor update outlining the diversified and expanding revenue streams resulting from its $61 million acquisition of a controlling supermajority interest in Veloce Media Group. The transaction materially increases SEGG Media’s top line, strengthens its international presence and advances its transition into a scaled global sports and digital media platform, with management expecting Veloce and its subsidiary Quadrant to generate more than $20 million in revenue in 2026. Veloce operates across digital advertising, creator representation, esports and sim racing services, sustainable motorsport and direct-to-consumer commerce, delivering multi-vertical monetization through global brand partnerships, official Formula 1 esports services and lifestyle commerce initiatives, while Quadrant, co-founded by Formula One World Champion Lando Norris, has contributed partnership, digital and merchandise revenue and is positioned as a high-growth subsidiary within SEGG Media’s portfolio.
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